Business

Rs 5.2 crore cash deposit, but Rs 7.65 lakh ITR: Why ITAT quashed tax notice

Times of india Business·28 Sep 2026
Rs 5.2 crore cash deposit, but Rs 7.65 lakh ITR: Why ITAT quashed tax notice

The AO issued several notices to the individual seeking an explanation for the cash deposit and details relating to his ITR. The responses did not satisfy the tax department, following which the AO…

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